Fund Managers Dump Government Bonds, Rout Continues

Investors have had to quickly get used to the recent spurt of market volatility and, with few assets offering safe haven from the rout, investors are eyeing the vulnerable bond sector for direction.
The Pimco Total Return Fund, one of the world’s largest bond funds, slashed its holdings in U.S. government debt last month, according to data published on Tuesday.
http://www.cnbc.com/id/102747517